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Cory’s Chart Corner
Load MoreHeadline chasing algos need to do deeper dives...
h/t @hussmanjp
y'all realize the UK is only about 3% of U.S. trade, the U.S. already runs a surplus there, and the 10% U.S. tariffs will stay, right?
keep in mind that studies indicate U.S. consumers shoulder the majority of tariff incidence, with minor incidence to foreign countries
Monthly Archives: December 2023
EPB: employment trends recessionary into 2024
Explore the Sahm Rule, a key recession indicator by economist Claudia Sahm, signalling economic downturns when the unemployment rate’s 3-month average rises by over 0.5%. Currently, at 0.3%, its upward trend sparks speculation about a potential 2024 recession. Here is … Continue reading
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Peace
Wishing you love, light, and, above all, inner peace. May we make wise choices and have the strength and commitment to see them through. May 2024 be a year of revelation and enlightenment. I love the beauty and simplicity of … Continue reading
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Debt defaults leaping
Canadian debt delinquencies, insolvency proposals, and bankruptcies are all rising sharply for households and businesses. Equifax president Sue Hutchison discussed the latest data on BNN yesterday. We are in the early days of this distress cycle with three-quarters of pandemic-era … Continue reading
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